SOFK
ActiveSummary
For the legal form of SOFK, Checked does not compute a bankruptcy probability. The 2025 annual accounts show equity of €38,719 and a net result of €21,256. Equity is shrinking by ~5.4% per year across the filed fiscal years. The company has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals.
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€21,256▲ 61.8%
2024 · €13,136
Working capital
€36,603▼ 38.4%
2024 · €59,410
Trend over the years
2021 to 2025, 5 fiscal years 2019 to 2025, 8 fiscal years
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 62% above 2024 and is the highest result in the available series.
What the company sold each fiscal year and what was left of it. A loss stands below the zero line.
Operating result€29,041
2025
Net result€21,256
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€99,796
2025
Equity€38,719
2025
Debt€61,077
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€36,603
2025
Point at or tap a year, or use the arrow keys on the chart, for the exact figures; the table below gives them all.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20192020202020212022202320242025
Operating result€7,554-€1,822▼ 75.9%€3,148-€8,174▲ 160%€16,522▲ 102%€5,758▼ 65.1%€17,942▲ 212%€29,041▲ 61.9%
Net result€563-€1,694▲ 201%€3,598-€5,325▲ 48.0%€11,946▲ 124%€2,916▼ 75.6%€13,136▲ 350%€21,256▲ 61.8%
Equity€65,063-€66,757▲ 2.6%€70,355-€33,766▼ 52.0%€45,712▲ 35.4%€48,628▲ 6.4%€61,764▲ 27.0%€38,719▼ 37.3%
Total assets€70,890-€70,231▼ 0.9%€74,574-€43,402▼ 41.8%€56,148▲ 29.4%€55,789▼ 0.6%€70,281▲ 26.0%€99,796▲ 42.0%
Debt€5,827-€3,474▼ 40.4%€4,219-€9,636▲ 128%€10,436▲ 8.3%€7,161▼ 31.4%€8,517▲ 18.9%€61,077▲ 617%
Working capital€59,226-€64,228▲ 8.4%€32,498-€33,719▲ 3.8%€40,945▲ 21.4%€43,859▲ 7.1%€59,410▲ 35.5%€36,603▼ 38.4%
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €99,796
Fixed assets
€2,116 ▼ 10.1%
Current assets
€97,679 ▲ 43.8%
Equity and liabilities €99,796
Equity
€38,719 ▼ 37.3%
Debt
€61,077 ▲ 617%
Debt's share of the balance-sheet total rises from 12.1% to 61.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€30,227▲
2024 · €20,633
Cash flow
€22,442▲
2024 · €15,827
Current ratio
1.60▼
2024 · 7.98
Debt to equity
1.58▲
2024 · 0.14
ROE
54.9%▲
2024 · 21.3%
ROA
21.3%▲
2024 · 18.7%
Interest coverage
497.73▲
2024 · 102.69
Debt ≤ 1 year
€61,077▲
2024 · €8,517
Income taxes
€10,537▲
2024 · €6,532
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,308 | €3,308 | - | €2,476 | €2,074 | €2,904 | €2,691 | €1,187 | ▼ 55.9% |
| Other operating charges640/8 | - | - | - | €668 | €596 | €3,157 | €1,431 | €990 | ▼ 30.8% |
| Gross operating margin9900 | €11,812 | €5,717 | €3,740 | €11,318 | €19,193 | €11,820 | €22,064 | €31,217 | ▲ 41.5% |
| Operating profit (loss)9901 | €7,554 | €1,822 | €3,148 | €8,174 | €16,522 | €5,758 | €17,942 | €29,041 | ▲ 61.9% |
| Financial income75/76B | - | - | - | €770 | €978 | €1,044 | €1,926 | €2,813 | ▲ 46.0% |
| Recurring financial income75 | €2,339 | €3,234 | €877 | €770 | €978 | €1,044 | €1,926 | €2,813 | ▲ 46.0% |
| Financial charges65/66B | - | - | - | €89 | €102 | €1,849 | €201 | €61 | ▼ 69.8% |
| Recurring financial charges65 | €184 | €197 | €73 | €89 | €102 | €1,849 | €201 | €61 | ▼ 69.8% |
| Profit (loss) for the period before taxes9903 | €9,709 | €4,859 | €3,952 | €8,855 | €17,399 | €4,953 | €19,668 | €31,793 | ▲ 61.6% |
| Income taxes67/77 | €9,146 | €3,165 | €354 | €3,530 | €5,452 | €2,037 | €6,532 | €10,537 | ▲ 61.3% |
| Profit (loss) for the period9904 | €563 | €1,694 | €3,598 | €5,325 | €11,946 | €2,916 | €13,136 | €21,256 | ▲ 61.8% |
| Profit (loss) for the period to be appropriated9905 | €563 | €1,694 | €3,598 | €5,325 | €11,946 | €2,916 | €13,136 | €21,256 | ▲ 61.8% |
| Line | 2019 | 2020 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €70,890 | €70,231 | €74,574 | €43,402 | €56,148 | €55,789 | €70,281 | €99,796 | ▲ 42.0% |
| Fixed assets21/28 | €5,837 | €2,529 | €39,729 | €1,153 | €5,458 | €5,045 | €2,354 | €2,116 | ▼ 10.1% |
| Tangible fixed assets22/27 | €5,837 | €2,529 | €2,529 | €1,153 | €5,458 | €5,045 | €2,354 | €2,116 | ▼ 10.1% |
| Plant, machinery and equipment23 | - | - | - | €1,153 | €786 | €420 | €354 | €1,033 | ▲ 192% |
| Furniture and vehicles24 | - | - | - | - | €4,672 | €4,625 | €2,000 | €1,084 | ▼ 45.8% |
| Financial fixed assets28 | - | - | €37,200 | - | - | - | - | - | - |
| Current assets29/58 | €65,053 | €67,702 | €34,845 | €42,250 | €50,690 | €50,744 | €67,927 | €97,679 | ▲ 43.8% |
| Amounts receivable after more than one year29 | - | - | - | €16,000 | €16,000 | €16,000 | - | - | - |
| Other amounts receivable291 | - | - | - | €16,000 | €16,000 | €16,000 | - | - | - |
| Amounts receivable within one year40/41 | €38,575 | €41,739 | €2,663 | - | €13,978 | €14,907 | €48,805 | €57,290 | ▲ 17.4% |
| Other amounts receivable41 | - | - | - | - | €13,978 | €14,907 | €48,805 | €57,290 | ▲ 17.4% |
| Cash at bank and in hand54/58 | €26,478 | €25,963 | €30,143 | €24,730 | €19,192 | €18,317 | €17,609 | €40,389 | ▲ 129% |
| Deferred charges and accrued income490/1 | - | - | - | €1,520 | €1,520 | €1,520 | €1,513 | - | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €70,890 | €70,231 | €74,574 | €43,402 | €56,148 | €55,789 | €70,281 | €99,796 | ▲ 42.0% |
| Equity10/15 | €65,063 | €66,757 | €70,355 | €33,766 | €45,712 | €48,628 | €61,764 | €38,719 | ▼ 37.3% |
| Contributions10/11 | €6,200 | €6,200 | - | - | - | - | - | - | - |
| Reserves13 | €1,860 | €1,860 | €1,860 | €7,160 | €18,160 | €20,360 | €33,360 | €38,060 | ▲ 14.1% |
| Distributable reserves133 | - | - | - | €7,160 | €18,160 | €20,360 | €33,360 | €38,060 | ▲ 14.1% |
| Profit (loss) carried forward14 | €57,003 | €58,697 | €62,295 | €26,606 | €27,552 | €28,268 | €28,404 | €659 | ▼ 97.7% |
| Amounts payable17/49 | €5,827 | €3,474 | €4,219 | €9,636 | €10,436 | €7,161 | €8,517 | €61,077 | ▲ 617% |
| Amounts payable within one year42/48 | €5,827 | €3,474 | €2,347 | €8,531 | €9,745 | €6,885 | €8,517 | €61,077 | ▲ 617% |
| Financial debts43 | - | - | - | - | €739 | €2,290 | €2,159 | - | - |
| Other loans439 | - | - | - | - | €739 | €2,290 | €2,159 | - | - |
| Trade debts44 | €1,000 | €291 | €647 | €713 | €55 | €58 | €59 | €293 | ▲ 398% |
| Suppliers440/4 | - | - | - | €713 | €55 | €58 | €59 | €293 | ▲ 398% |
| Taxes, remuneration and social security45 | - | - | - | €5,230 | €8,951 | €4,537 | €6,300 | €16,484 | ▲ 162% |
| Taxes450/3 | - | - | - | €5,230 | €8,951 | €4,537 | €6,300 | €16,484 | ▲ 162% |
| Other amounts payable47/48 | - | - | - | €2,588 | - | - | - | €44,300 | - |
| Accrued charges and deferred income492/3 | - | - | - | €1,105 | €691 | €276 | - | - | - |
| Line | 2019 | 2020 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €563 | €1,694 | €3,598 | €5,325 | €11,946 | €2,916 | €13,136 | €21,256 | ▲ 61.8% |
| + Depreciation and write-downs630 | €3,308 | €3,308 | - | €2,476 | €2,074 | €2,904 | €2,691 | €1,187 | ▼ 55.9% |
| Operating cash flow (approximation) | €3,871 | €5,002 | €3,598 | €7,800 | €14,021 | €5,820 | €15,827 | €22,442 | ▲ 41.8% |
| Investment in fixed assets (approximation) | - | €0 | - | €36,101 | -€6,380 | -€2,491 | €0 | -€949 | - |
| Change in cash | - | -€515 | - | -€5,413 | -€5,537 | -€875 | -€708 | €22,780 | ▲ 3,317% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.